First Business Financial Services Inc. Sells 29,867 Shares of iShares Russell 1000 Value ETF $IWD

First Business Financial Services Inc. lessened its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 10.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 265,429 shares of the exchange traded fund’s stock after selling 29,867 shares during the period. iShares Russell 1000 Value ETF accounts for about 5.0% of First Business Financial Services Inc.’s portfolio, making the stock its 6th largest position. First Business Financial Services Inc. owned 0.08% of iShares Russell 1000 Value ETF worth $54,039,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC lifted its position in iShares Russell 1000 Value ETF by 8.9% during the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock valued at $6,787,000 after purchasing an additional 2,981 shares during the period. Bison Wealth LLC increased its holdings in iShares Russell 1000 Value ETF by 13.9% in the fourth quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 502 shares during the last quarter. U.S. Capital Wealth Advisors LLC increased its holdings in iShares Russell 1000 Value ETF by 0.6% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 10,150 shares of the exchange traded fund’s stock valued at $1,971,000 after purchasing an additional 59 shares during the last quarter. AdvisorNet Financial Inc lifted its stake in iShares Russell 1000 Value ETF by 10.3% in the second quarter. AdvisorNet Financial Inc now owns 4,644 shares of the exchange traded fund’s stock valued at $902,000 after buying an additional 433 shares during the period. Finally, Golden State Equity Partners boosted its holdings in iShares Russell 1000 Value ETF by 9.9% during the second quarter. Golden State Equity Partners now owns 1,379 shares of the exchange traded fund’s stock worth $268,000 after buying an additional 124 shares during the last quarter. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $219.13 on Thursday. The firm’s fifty day moving average is $211.05 and its two-hundred day moving average is $204.42. The firm has a market cap of $69.66 billion, a PE ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $219.86.

About iShares Russell 1000 Value ETF

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.